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bad debts News

No respite for Indian banks as bad loans hit record $146 billion

A review of RBI data shows banks' total stressed loans - including non-performing and restructured or rolled over loans - rose 4.5 percent in the six months to end-June.

Simply put: Why the proposed Bankruptcy Code is needed, how it’ll tackle bad debts

Indian Express explains a significant reform — given the bad-loan crisis in banking, and cases of default such as Mallya’s.


House panel to govt: Name all those who got Govt banks to write off debt

The committee, attached to the Ministry of Finance, held its second meeting on Wednesday which was attended by Finance Minister Arun Jaitley. Some members also suggested that a committee be constituted to finalise the recovery process in case of loans given to big corporate houses.

Bad debts: RBI gives Supreme Court defaulter list, with confidentiality rider

RBI’s affidavit was filed in response to a reply sought by a bench led by Chief Justice T S Thakur, which had last month taken suo motu cognizance of The Indian Express report that Rs 1.14 lakh crore of bad loans had been written off by state-owned banks.

Banks confirm: Recoveries crawl as write-offs swell

SBI, BoI wrote off Rs 83,000 crore in 10 yrs; recoveries of 24 public sector banks less than one-third of annual write-off

Bank insecurities

Government must use multiple instruments to resolve the growing burden of non-performing assets


Australian banks stare at bad debts

Australia's Big Four banks are ranked among the safest in the world.

Rising bad debts cast shadow over bank earnings

Rising bad debts,or non-performing loans,will be in focus at Indian banks in the coming quarters.